Davis Polk

Title

Madrid

About the Office

Active in Spain for decades, Davis Polk established an office in Madrid in 2001 to better serve our extensive list of Spanish and international clients. Our diverse team of highly skilled lawyers in the Madrid office work closely with their colleagues in New York, London and elsewhere throughout the firm, across the full spectrum of complex corporate transactions involving Spanish, Portuguese and Latin American companies.

Davis Polk represents every Spanish company listed on the New York Stock Exchange and has long-standing relationships with many of Spain's leading companies, including Banco Bilbao Vizcaya Argentaria and Banco Santander (the two largest banks in Spain), and Telefónica (one of the largest Spanish company in terms of market capitalization).

We represent our clients, as well as many of their Latin American subsidiaries and affiliates, in capital markets, mergers and acquisitions, joint venture, lending and project finance transactions in Spain, Latin America and throughout the world. Furthermore, Davis Polk has been involved in most of the initial public offerings by Spanish companies since 2004.

Recognition

“Peers and clients are unanimous in their praise of Michael Willisch for his advice on the US law aspects of Spanish ECM transactions. He heads the Madrid office of Davis Polk & Wardwell and regularly works with leading Spanish firms on major IPOs and other equity deals.”

Legal 500 EMEA

Spain: Capital Markets (U.S. law), 1st Tier

"Davis Polk & Wardwell LLP has a first class practice and team head Michael Willisch has established an excellent track record advising major Spanish companies listed on the New York Stock Exchange. The team is the go-to adviser for SEC registered debt and share offerings by Spanish issuers."

IFLR1000

Partner Michael Willisch is “Highly Regarded” in Capital Markets

Recent Matters

Aena (€3.9 billion). We advised the underwriters on the €3.9 billion Rule 144A/Regulation S IPO of Aena The offering was the largest IPO in Europe in 2015 and the largest IPO in Spain since 2007. It is also the second-largest IPO in Spain in history.

Atlantica Yield

($828 million). We advised the underwriters on the $828 million SEC-registered IPO and listing on the NASDAQ by Abengoa Yield.

($327 million). We advised the underwriters on a $327 million SEC-registered secondary offering of shares of Abengoa Yield.

(€275 million). We advised the purchasers of Atlantica Yield’s €275 million senior secured notes issued in connection with a new note issuance facility agreement.